The Phantom (2025) #3

Mad Cave Studios 2025 series Cover date Dec 2025

Fair market value

Grade	CGC slab	Raw
9.8 NM/M	$480 $408–$552	$210 $179–$242
9.6 NM+	$374 $318–$431	$168 $143–$193
9.4 NM	$292 $248–$336	$134 $114–$155
9.2 NM-	$228 $194–$262	$108 $91.39–$124
9.0 VF/NM	$178 $151–$204	$86.02 $73.12–$98.92
8.5 VF+	$139 $118–$159	$68.81 $58.49–$79.13
8.0 VF	$108 $91.89–$124	$55.05 $46.79–$63.31
7.0 FN/VF	$84.31 $71.66–$96.96	$44.04 $37.43–$50.65
6.0 FN	$65.77 $55.90–$75.64	$35.23 $29.95–$40.51
5.0 VG/FN	$51.30 $43.61–$58.99	$28.19 $23.96–$32.42
4.0 VG	$40.01 $34.01–$46.01	$22.55 $19.17–$25.93
2.0 GD	$31.21 $26.53–$35.89	$18.04 $15.33–$20.75
Raw, ungraded	—	$65.00 $55.25–$74.75

Value history

grailworth's fair market value: what a copy at each grade is worth today, from this issue's market and how value moves with grade across every comic we track. Bold: our firmest values. ^*Rough: a looser estimate. +$: worth grading, a raw copy at that grade gains this much slabbed by CGC, after the fee and shipping. Pick a grade for its value history and the most to pay for a raw copy you'd send to CGC.

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About this issue

The Phantom #3 (2025) is issue #3 of Mad Cave Studios's The Phantom (2025), with a cover date of December 2025. grailworth values it from 21 recorded sales, most recently on Jul 26, 2026, and from how comics like it move in value from grade to grade.